Welcome to my academic website. I am a PhD student at the University of Vienna.
I’m particularly intrigued by the dynamics of life cycles, financial constraints, and broader macroeconomic principles. I employ a blend of empirical and quantitative methodologies to explore and address my research questions.
My advisors are Monika Merz and Michael Reiter.
Interests
Wealth inequality
Life-cycle dynamics
Heterogeneous agents
Education
University of Vienna
PhD in Economics | 2021 - present
MSc in Economics | 2018 - 2021
Vienna University of Business and Economics
- BSc in Economics | 2014 - 2018
Work in progress
The Real Estate Transfer Tax and Financial Constraints | Details
Heterogenous Risk Preferences, Entrepreneurship, and Wealth Inequality | Abstract
This paper studies the role of heterogeneous risk preferences in shaping entrepreneurial decisions and their implications for wealth inequality. We examine how individuals’ risk attitudes guide their choice between becoming a risk-bearing entrepreneur and a wage worker with a more stable income. To empirically ground our study, we use self-reported risk attitudes among the German workforce based on data from the German Socioeconomic Panel (GSOEP) and estimate their impact on the likelihood of workers transitioning into self-employment. Our findings highlight that risk tolerance is a key determinant in opting for entrepreneurship. We further build a life-cycle model of occupational choice that features heterogeneous risk preferences and explore how these choices influence savings/investment and wealth accumulation. Our preliminary results reveal that a model featuring heterogeneous risk preferences not only successfully captures the distribution of wealth in Germany, but also does so more accurately compared to models assuming uniform risk attitudes across individuals.- joint with B Hochmuth, and M Merz (both University of Vienna)